TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>DGFT Confirms Second-Hand Capital Goods Allowed Under SHIS Scheme; New Goods Restriction Withdrawn.</h1> The circular addresses the import of second-hand capital goods under the Status Holders Incentive Scrip (SHIS) scheme. Initially, an amendment was proposed to restrict the scheme to new capital goods, based on a clarification from the Directorate General of Foreign Trade (DGFT) in 2014. However, following further examination, the DGFT confirmed that the Foreign Trade Policy and Handbook of Procedures did not explicitly prohibit the import of second-hand capital goods under SHIS. Consequently, the earlier clarification restricting imports to new goods was withdrawn. Stakeholders encountering issues are encouraged to contact the customs office.
TaxTMI 
TaxTMI 
